Laying strong foundation of a forever bank
Company
19 Mar 2024 | 5 Min Read
AU Small Finance Bank approved for merger with Fincare Small Finance Bank.
Merger expected to boost loan portfolio by 16% and increase balance sheet size.
Merger enables expansion into new areas and product segments.
Bank aims for 1.8% RoA by FY27 and sustained loan growth of 25%.
Financials of AU Small Finance Bank and Fincare SFB summarized, including ratios and metrics.
Data sourced from MOFSL and the company itself.